WASHINGTON (Reuters) - The U.S. Federal Reserve on Wednesday could offer fresh clues on when it plans to begin lifting interest rates and how quickly it will move, as it prepares for a momentous policy turn after years of aggressive monetary stimulus.
The U.S. poverty rate has decreased for the first time since 2006, according to U.S. Census figures released Tuesday. Children's poverty also declined, while median household income barely changed between 2012 and 2013.
WASHINGTON >> The Social Security Administration has resumed mailing statements to workers letting them know the estimated benefits they will get when they retire, the agency announced Tuesday.
Alibaba Group Holding Inc.'s initial public offering, poised to be the biggest in U.S. history, is just a blip in a bull market where companies have raised $1.4 trillion over the past five years.
Sony, the ailing Japanese consumer electronics company that has been in almost constant restructuring in recent years, on Wednesday warned that its expected annual net loss will be nearly five times as big as initially predicted at Y230bn ($2.14bn).